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Search date: 09-07-2018 Return to current date: Click here

China-BD JV company to invest $2.0m at Summit Technopolis

Banglatronics Technology, a China-Bangladesh joint venture company, will invest US $2.0 million at Summit Technopolis, a subsidiary of Summit Group, says a statement.In this regard, an agreement was signed between the Summit Technopolis and Banglatronics Technology in the city recently.Under the agreement, Banglatronics Technology will invest $2.0 million at Summit...

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SBAC Bank organises foundation training course

South Bangla Agriculture and Commerce (SBAC) Bank held its eighth Foundation Training Course at the head office of the bank in the capital recently.Managing Director and Chief Executive Officer (CEO) of the bank Md. Golam Faruque inaugurated the training course at its head office at a ceremony, says a statement.Additional...

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SPCBL grapples with shortage of printing machines

The security printing press is facing difficulties in meeting the growing demand for bank cheques due to lack of required printing machines, official sources said.One out of two printing machines has been lying inoperative for long. The Security Printing Corporation (Bangladesh) Ltd (SPCBL) now cannot meet the required demand for...

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Local ships to use Bangabandhu satellite services

The local ships and other types of vessels will use the services of the Bangabandhu-1 satellite for safe navigation.The Ministry of Shipping (MoS) and the Bangladesh Communication Satellite Company Ltd (BCSCL) signed an agreement to this effect on Sunday.MoS Secretary Md Abdus Samad and BCSCL Managing Director Md Saiful Islam...

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Shahjalal Islami Bank holds 17th AGM

The 17th annual general meeting (AGM) of Shahjalal Islami Bank Limited was held at RAOWA Convention Centre in the city on Sunday, says a statement. Chairman of the Board of Directors of the bank Akkas Uddin Mollah presided over the meeting. The meeting approved 10 per cent stock dividend for...

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Seven Robi employees start entrepreneurship journey

Seven Robi employees have started their journey of becoming entrepreneurs with financial and management advisory as well as motivational support of the mobile network operator, reports BSS.The journey has begun in the form of incubating the employees' business ideas under the company's innovative digital entrepreneurship development platform, 'r-ventures'.The incubation period...

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Digital connectivity in all unions in a year

Posts, Telecommunications and Information Technology Minister Mustafa Jabbar has said all union parishads across the country will be brought under digital connectivity within one year, reports UNB.Besides, a digital laboratory will be established in each educational institution across the country, he said.The minister said this while addressing a programme marking...

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Bangladesh Garment Accessories and Packaging Manufacturers and Exporters Association

Bangladesh Garment Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA) president Md Abdul Kader Khan presiding over its 27th annual general meeting at Banani Club in the city on Saturday

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Country generates 11,059-MW power

Bangladesh has exceeded the milestone of 11,000 megawatts (MW) of electricity production. The country generated a record of 11,059 MWs power at 8:00pm on Saturday night.The power sector has crossed the earlier record of 10,958 MWs electricity generated on May 28 this year, an official release said, reports BSS.On March...

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US district judge fines Sinovel

A US judge has ordered Sinovel to pay a $1.5 million fine after the company was convicted of charges that it stole trade secrets from Massachusetts-based AMSC.US District Judge James Peterson in Madison, Wisconsin, also sentenced Sinovel Wind Group Co Ltd to one year of probation.During the probation period, Sinovel...

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Hard Brexit can see Philips quit UK: CEO

THE HAGUE, July 08 (AFP): Philips warned on Sunday it may shift production out of Britain in the event of a 'hard' Brexit.The Dutch electronics giant said it was deeply concerned about competitiveness of its operations in the United Kingdom (UK).The Amsterdam-based group employs some 1,500 people in Britain, most...

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